The document discusses the political and technological factors that influence business environment. It defines political environment as the government actions that affect business operations on local, national and international levels. Some key political factors mentioned are political stability, taxation/economic policies, foreign trade, and employment laws. Technological environment refers to developments in technology that impact businesses. The document outlines different levels of technology from manual to robotics. It notes benefits of technology include increased productivity and quality while reducing costs. The government's technology policy aims to develop priority technologies to fulfill basic needs and qualitatively develop human resources through promotion of R&D.

1. Presented by:
P PARAMESH
MBA
Mother Teresa Institute of Management

2. Introduction
• The term business environment means external
forces, internal forces, factors and institutions that
are beyound the control of the business and they
affect the functioning of a business enterprise. These
include customers, competitors, suppliers,
government, and the social, political, legal and
technological factors etc:-

3. Political Business Environment
• According to the Business Dictionary “the political
environment is the government actions which affect
the operations of a business or company these
actions can be present on several different levels
includeing the local, state, regional, national, and
international level.

4. Political Factors that are effect Business
environment:
• Political Stability
• Taxiation and economic policies
• Foreign trade
• Employment Laws

5. Political Stability
• The political scenario of a country
greatly impacts the operations of a
business
• if there is lack of political stability there
are always disruptions, and uneven
working patterns are observed

6. Taxiation and economic policies
• The tax regime of a country directly
impacts the operations of a business
• The tax rates vary from business to
business and actvity to actvity
• various componets like fiscal policy,
monetary policy, tax laws, rules and
notifications are used by the
government to affect the business
activities directly and indirectly

7. Foreign trade
• The expansionary policies of the management of the
companies enable the firm to operate on a global scale
where the role of the government comes into the
picture
• Government sets various rules and regulations in order
to enable the firm to function in the international
market and so as to keep up the competiveness in global
market
• The government of india follows the model code of
conduct based on UNCITRAL MODEL in order to reslove
the disputes that occur while operating business
globally.

8. Employment Laws
• The employment laws are made and
implemented by the government so
that the rights of employees are
protected. it includes every aspect of
employer and employee business
relation and employment law is
considered to be very complicated,
which has many pitfalls.

9. Technological Business Environment
• Technological environment means the development in the
filed of technology which affects business by new
inventions of productions and other improvements in
techniques to perform the business work
• Examples of technological changes are seen in aviation,
eletronics, energy, communication, consumer goods
industry, optics, medicines, and manufacturing.

10. Level of Technology
• Manual technology
• Mechanized technology
• Automated technology
• Computerized technology
• Robotized technology

11. Manual technology
• It means Human based simple and
traditional technology
• low cost
• suitable for low volume production

12. Mechanized technology
• Mechine based technology
• suitable for large volume production
efficient
• involves high maintenance costs.

13. Automated technology
• Based on use of self controlled machines
• suitable for large volume of
standardized production
• costly

14. Computerized technology
• Based on the use of computer based
machines
• requires few number of employees but
they should highly skilled

15. Robotized technology
• Based on the use of robots in place of
human beings.
• some robots require some degree of
guidance, which may be done using a
remote control, or with a computer
interface
• robots ensure high speed, quality and
productivity.

16. Benefits of technolgical environment
• It decreases the time taken to perform a task
• Increases the volume of information and productivity
• It has the ability to take on multiple tasks at once
• There is a minimal chance of error when technology
is used
• Low acquisition cost

17. Benefits of technolgical environment
• Reduced running costs
• Improved productivity
• Improved competitiveness
• Improved quality of services
• Speed services
• Reduced wastage
• Introduction of new and better products and services

18. Technology Policy
• Science and technology policy
• frist adopted in 1989
• the basic priorities of this policy include
->Development of technologies and services for
priority areas
->Fullfillment of peoples basic needs
->Qualitative development of human resources

19. Technology Policy
• Development and Expansion
• Development of Human resource
• Promotion of R&D
• Socio-economic development of urban and rural
sectors
• Expansion of scientific and technolgical services
• Enhancing awarness

20. THANK U
ANY QUESTIONS